CANTERBURY MARKETS.

Press, Volume LXIX, Issue 20790, 25 February 1933, Page 12

CANTERBURY MARKETS.

FOWL WHEAT WEAKER. (BY OtJft COMMERCIAL EDITOR.) Friday Evening. There has been a welcome increase in business daring the week. Fowl wheat is now offering m considerable quantities, and the price for prompt has cased to 3s Id, f.0.b., -B.x. There is no change in spread quotations) there being comparatively few sellers, of later deliveries. With the North Island buying only sparingly the supply of prompt wheat is exceeding the demand. V Milling wheat is now coming forward faster than the market can absorb, and the best grade » not ««»y to "place. With millers taking the best lines there is a tendency to dive't ordinarv f.a.q. wheat into the fowl feed market. The milling tsample generally The big harvest has caused a shortage of sacks, but a steamer .arrives ■ in about 10 days ?with supplies that should meet needs for some time to come.^ Oats show no change m values. There is very little market for them. Algerians are quoted at Is2d to Is id, and Gartons Is 3d to Is sd. North Island interest m the potato market is still non-existent Nominal quotations to growers are £2 a .ton. Cocksfoot is offering freely. Akaroa is quoted at 3d to m per lb for best, Plains a half-penny lower. Quotations. The following are quotations for produce to be paid to-farmers, oa trucks, free of commission, sacks extra, cent where otherwise stated: Wheat (interim 4d. Hunters 3s 6d, Pearl 3s Bd, all. f.0.b.; fowl feed 3s Id, s - e -> fob; fowl feed 3s 3d, f.0.b., prompt; 3s 4d for spread April-Septem-beOats—Algerian Is 2d_ to ls_4d » bushel. Gartons, to Is M. Italian ryegrass—ls 2d to Is 6d Perennial ryegrass—ls 3d to Is a bushel. . '' ' „ Potatoes (nominal)— £2a ton Cocksfoot (nominal)— 3d to oi-d per lb for Akaroa; to 3d for plains. White clover —9d to lOd per lb.

ASHBURTON MARKET. Wheat if offering very freely and deliveries are in lull swing. Host millers . sidings are bitted with lmes of trucks awa.tmg from farmers are in most cases now held up. It .is Quit;© evident large portion of tms season's crop will require to be stored. . . Oats are not oficrmg freely owing to the large quantity that have been, stacked, and farmers have been confining their attention to the threshing and delivering of wheat. . Odd lines of peas have now been threshed by the header harvester, but owing to the London market being depressed prices offering are in the vicinity of Ss ,a bushel.. There is a considerable amount ot ryegrass on the market and quotations range from Is 8d to Is 4d a bushel.- The same applies to Italian and Western Woltlis. Cocksfoot samples aro now coming to hand and the quality is quite satisfactory. The following are quotations to be paid to' farmers, on trucks, country stations, sacks CJ Wheat —Tuscan 3s 4d, Hunters 3* 6d. Pearl 8s Bd, all f.0.b.; fowl feed, 3», 1« f.0.b., s.e. _ , , . Oats —Algerian 3s 3d to Is id a bushel, Gartons Is 2d to Is Sd. .. ; ' Grass Seeds —Italian Is Sd to 3 s 4d a biuliel, perennial Is 3d to Is 4d a bushel. -Pofai6es —£2 a ton. • '■

\ • , OPSJCSS ASSOC! ATIO*. TEX.EGBAU ) DUKEDIN, February .24. | With the. continuation of fine weather threshing, is .becoming general ,in Otago .and several lines of Central Otago-grovrn, -wheat hare already been. delivered to millers. The. quality of the wheat is good and there is no difficulty in having it passed as f.a.q. milling. : Deliveries coming in will be paid for this month hy an advance of 3s 4d for Tuscan f.0.b., grower's nearest port, 3$ 6d for Hunters, and 8s 8d for Velvet, Increments for later deliveries will not commence till May. Tho local fowl wheat market is being supplied with small lots of Canterburygrown on & basis of .about 3s 9d a, bushel, sacks extra, ex store. ,The turnover, how-, ever, is not largo now that southern wheat is offering more freely. It will not be long before fowl wheat is available • larger - quantities. Canterbury still, controls the oat market and several 'largo lines have been sold in this' district. ' According to reports from Canterbury'.large areas of oata which were put down for feeding of 'stock or for ploughing in will prove available for threshing consequent on the favourable weather -experienced in the. spring. Although prices are low farmers. are selling, as the yield .from these particular areas can be considered as found money, so to speak. This has had a serious effect' on values, and as a consequence it will affect the financial returns from those southern growers who sow oats solely, for the general market. The present value of A Gartens is 2b a bushel f.0.b., s.i., with B'b ' at: lower prices. Odd lines of oats have been threshed in Otago, but farmers are not prepared to meet the market. Both.', millers and merchants are being guided by values ruling" in Canterbury, and will »ot pay more than these values. The chaff market continues quiet,' with only small lots being enquired for. Tho value of. the best quality is £S 10s, sacks extra, ex store. The potato market continues weak and only small quantities ate reaching the market to .meet the immediate demand. Big-' ging of the main crops will be in full swing at the end of March and early in April.Little interest is being displayed in. the seed market. There is practically no demand from: (ho North Island and even At the low prices ruling merchants generally are not prepared to buy owing to poor pros- i pects of finding an outlet. Samples of rye- ■ grass have been offering more freely. Th'e value of this seed is up to Is Gd "a bushel on trucks, sacks extra, for best quality, j Cocksfoot, continues to be offered, in small 1 lots from Canterbury and tlie general quotation for machine-dressed Akaroa is Gd to' Did per lb. ' . - > i